https://www.taxtmi.com/caselaws?id=443454 The appeals filed by the revenue were dismissed, and the order of the CIT(A) deleting the addition of Rs. 1.50 crores under section 40A(3) was upheld. The Tribunal found no evidence of cash payments recorded in the books of accounts and agreed with the CIT(A) that the AO's disallowance was not sustainable on facts or law. en-us Tue, 16 May 2023 00:00:00 +0530 Sat, 23 Sep 2023 08:40:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443454 The appeals filed by the revenue were dismissed, and the order of the CIT(A) deleting the addition of Rs. 1.50 crores under section 40A(3) was upheld. The Tribunal found no evidence of cash payments recorded in the books of accounts and agreed with the CIT(A) that the AO's disallowance was not sustainable on facts or law. Case-Laws Income Tax Tue, 16 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443454